Tailored financial solutions for mid-sized manufacturing companies. o Improving processes including budgetingo Management Information System (MIS) o Cash flow analysis and planning, o ERP implementationo Profitability analysis Outsourced CFO for a wealth management firm.o Management Information System (MIS) – Finance and Saleso Budgeting including rolling planso Preparation of data for various funding series o Direct and Indirect Tax (GST Compliance)o Costs optimization analysis and control mechanism o Formulation of financial framework and other policiesInternal Audit of listed companies in infrastructure industry.Startup ideas and their germination

At Soatech, we appreciate that lot of companies cannot afford a full time CFO because of cost and continuity issues.We have found only 2-3% of companies have full time CFO'S in our research findings.We offer virtual CFO services to these companies which are presently working with accountants' only though the business has scaled up and need factual MIS data for decision making.Companies get same professional expertise at fraction of cost.Soatech has world-class CFO'S comprising of industry veterans, best-selling authors and management consultantsSoatech is in this business since 14 years and have offices at Bangalore, Mumbai, Chennai and DubaiSome of the things we offer as part of our CFO services are:1. Cost modelling and cost reduction2. Work from home solutions (IT and Finance)3. Goal setting and strategy formulation including budgeting4. ERP implementation5. Profitability analysis and MIS reporting6. Working capital management and cash flow planning7. Fund RaisingFor more details about our services, you can visit https://www.soatech.in/outsourced-virtual-cfo-services/

1. Finance Functional Services which encompasses the below-•Virtual Chief Financial Officer (CFO) services – Outsourced CFO function.•Accounting and Reporting•Stakeholders' relationship management•Compliances – regulatory including corporate governance•Policies and Procedures – Documentation and implementation•ISO documentation and certification•Insurance requirements – Mapping and sourcing•Information Technology (IT) requirements – Identifying gaps and risk areas and suggesting remedial measures. 2. Management Consultancy which includes-•Due diligence and feasibility studies •Arranging bank finance (project and working capital) for small and medium enterprises.•Private Equity funding for projects.•Setup of new businesses and joint ventures including liaison with government authorities for necessary approvals.•Restructuring and productivity improvement projects.•Mergers and acquisition deals. 3. Back Office Support. 4. Information Technology Solutions.

Financial Systems & Reporting Improvement Projects, Taxation, External/Internal Audits, Information Technology and Working Capital Improvements, Budgeting for MENA region.

Company Profile: Mondi Oman belongs to the Mondi group which is listed on the London & Johannesburg Stock Exchanges and is a global leader in paper and packaging solutions with a unique spread of businesses across 31 countries. Mondi is a leading paper and packaging group with 24,000 employees across 102 sites in 31 countries. Mondi Oman is in the business of manufacturing industrial paper bags and belongs to the Industrial Bags Unit of the Europe & International Division.Responsibilities:Member of the ME/Asia executive committee responsible for taking strategic decisions.Monthly variance analysis for all the ME/Asia locations.Cost Analysis and Control for Oman and the other ME/Asia locations.Data Quality Improvement project for COPA in the region.Strategic Analysis for business growth and expansion. Coordinating negotiations for the new projects in the region.Finalization of Mondi Oman Monthly Accounts on ERP including Bar Code Scanners. Reporting monthly financials for Consolidation on Hyperion Financial Management, an internet based reporting software.Statutory Audit, Corporate Taxation and Banking facilities.Major Accomplishments:Set up of the company, project infrastructure and start up of the company in Oman.Implemented ERP solution for the green field project in Oman and existing operations in Malaysia, Morocco, Lebanon, Jordan & Iraq. Implemented auto data transfer from ERP to Hyperion Financial Management reporting system resulting in savings in reporting time of one day per month.Implementation of COPA in Oman giving accurate data on the profitability per customer/item resulting in better business decisions on accepting/rejecting the orders. Profitability per customer and for the company as a whole will improve by 0.5% to 1% at the EBIT level.Recommended Cost control measures in ME/Asia locations that resulted in major savings. Coordinated legal and commercial aspects upon admission of a new strategic partner in Oman operations.

Company Profile: The only refining company in the Sultanate of Oman. Annual Turnover of ORC was around US$ 1 billion. The refining capacity was 85,000 barrels per day. The financials of the company were maintained on ERP Oracle Financials.Responsibilities:Financial Model Review and Analysis for new refinery project of USD 1 billion Finalization of Monthly Accounts and Statutory AuditBudgetary Control Yield Accounting, Production Reports & Sales Invoicing.Manpower Planning, Capital Expenditure and Operating Expenditure Budgets.Feasibility Analysis for new capital expenditures.Corporate Taxation and Treasury Management.Review of various agreements and tender documents.Various reports to be submitted to the ministries.Key AchievementsCompleted tax assessments for the years 1996 to 2000 without the help of tax consultant.Timely release of monthly financial statements.Developed Omani staff by training them and made them ready for higher positions.Effective Treasury Management resulting in an average return of 5.5% p.a. during the year 2002Represented the company in various meetings at the Ministry of Finance and Ministry of Oil & Gas.Member of the Core Group for ISO implementation representing Finance.

Company Profile: A manufacturing company in Jebel Ali Free Zone, Dubai. Group Turnover is in excess of USD 50 million. Group provides employment to around 600 employees.Responsibilities:Prepared and analyzed Divisional Performance Reports and provided feedback on variances for effective cost control.Analyzed the Product Cost Sheets of the different products of the company and suggested sale and production of the optimum product mix.Analyzed and reviewed Group MIS.Established the accounting and control system for a new group company.Internal Audit of the group companies.Oversaw Central Purchase Department of the group.Key AchievementsDeveloped monitoring system for cost control.Gathered information on the most profitable product mix that resulted in improved focus of the marketing team.Implemented eight modules of ERP Oracle Financials for the group companies.

Company Profile: A professionally managed company specialized in construction & engineering projects in UAE, Qatar, Oman and Malaysia.Responsibilities:Project Accounting including Payroll, General Ledger, Creditors Ledger, Finalization of Project Accounts.Managed Project Cost Control and Head Office Accounts.Preparation and Analysis of weekly, monthly and quarterly MIS.Key AchievementsImplemented inventory control system for stores and spares.Improved and streamlined the reporting systems for timely availability of information.

Company Profile: A professionally managed diversified business group. Group Turnover (including Associated Co.s) is in excess of US$ 132 million. The Group provided employment to around 4,500 employees.Responsibilities:Financial activities - GL, Creditors Ledger, Finalization of Head Office Accounts. Banking & Finance - Cash flow monitoring and liaison with twelve commercial banks.Preparation of Annual Budgets and implementation.Property Income Accounting.Investments Accounting.Payroll AccountingKey AchievementsStreamlined and improved the accounting and control systems in the accounts department at Head Office. Brought the accounting from four months in arrears to a current position.Developed a 'Budgeting module', which was chosen as the role model for the Group.Developed a Payroll Accounting System. The payroll preparation and accounting time reduced from two days to half a day.Successfully managed cash and finances of the Head Office while maintaining the co-operation and trust of the creditors.Developed a Property Income Accounting System for the various properties owned by the Group.

Company Profile: A professionally managed public limited company engaged in manufacturing transformers, electric motors, pumps, lifts & escalators and industrial electronic equipment. Siemens AG and Schindler are the foreign collaborators and suppliers of technology to the Company. The Company employs around 2,000 employees all over IndiaKey AchievementsPromoted to Deputy Manager (Cost and Management Accounting) within a span of fifteen months of joining as Finance Executive (Costing).Timely and accurate preparation of Monthly Performance Reports thereby helping the management to take decisions Aiding the manufacturing division to identify the more profitable lines of production by preparation of Cost Sheets.Meeting the tough deadline for submission of Cost Audit Report to the Government. The deadline had never been met in the last few years.

Deputy Manager (Cost and Management Accounting)

Company Profile: A Tata Group company having diversified business interests in manufacturing and trading activities. Voltas Limited is engaged in manufacturing and marketing of air conditioners, refrigerators, washing machines, electric motors and pumps, forklift trucks, chemicals, etc. The Company has an established all India branch network and is also engaged in trading activity.Key AchievementsPresented All India Monthly Performance Reports to the Chairman and Managing Director by the 5th of the following month.Prepared All India Periodic Cash Flow Report by the end of the following working day.

Key AchievementsProcured short term funds at the lowest possible interest rate.Lending of short term funds to 'A' class borrowers at competitive market rates. All India Consolidation of the financial accounts of the Company.

Worked for Consumer Financing Program reconciling the repayments and follow up for collections.

Basic grounding in the areas of Income-Tax, Wealth-Tax, Statutory Audits and Tax Audits.